![]() In 2019, XPO Logistics released a mobile game app called XPO Moves the Tour to simulate how drivers and proprietary logistics technology support the Tour de France. XPO also manages logistics for other major events in France, including the French Soccer Cup, the Evian Golf Championship and the Paris Marathon. In July 2019, XPO was awarded a contract extension through 2024 to be the official transport and logistics partner of the Tour de France. An expedited bid system for truck transportation that uses an automated, web-based auction portal to match loads to carriers ĭue to their European acquisitions, XPO Logistics has handled logistics for the annual Tour de France bicycle race since 1981.The proprietary XPO Connect digital freight marketplace and Drive XPO carrier mobile app, which connect shippers with carriers.In 2019, XPO was the first global logistics company to join the Massachusetts Institute of Technology (MIT) Industrial Liaison Program, a partnership organization that pairs MIT resources with corporations worldwide to solve global business challenges. In its LTL network, XPO uses machine learning and predictive analytics to improve pricing algorithms and network productivity. XPO employs IT professionals and data scientists who work on automation and intelligent machines, forecasting demand, predictive analytics, pricing algorithms, workforce planning, load and route optimization, customer service and its digital freight marketplace. XPO publishes an annual sustainability report and ESG scorecard to track ongoing initiatives, including LED lighting, optimizing transportation routes, alternative-fuel trucks and electric delivery vehicle pilots. In the same announcement, XPO shared intentions to divest its European transportation business through either a sale or listing on a European stock exchange. The spin-off is expected to complete in the fourth quarter of 2022. In March 2022, XPO announced plans to spin off its asset-light brokered transportation services in North America as a standalone company called RXO. XPO is the fourth-largest truck brokerage provider in the United States. XPO offers complementary brokered services for managed transportation, last mile logistics for heavy goods and global forwarding. XPO's truck brokerage business digitally connects independent road carriers with companies that ship materials, parts, or finished goods. XPO manufactures its own trailers at an in-house facility in Searcy, Arkansas, and operates 130 driver training schools. zip codes and includes 294 cross-dock facilities. XPO's North American LTL network covers 99% of U.S. It is the third-largest LTL provider in North America and a leading LTL provider in Western Europe. ![]() XPO's LTL business ships freight on pallets using a hub-and-spoke distribution system. XPO provides freight transportation in North America and Europe through its less-than-truckload (LTL) and truck brokerage lines of business. The spin-off was completed in August 2021, with Brad Jacobs as Non-Executive Chairman and Malcolm Wilson as CEO. In December 2020, XPO announced plans to spin off its logistics segment as GXO Logistics, creating two, independent companies: XPO as a provider of freight transportation services and GXO as the world's largest pure-play provider of contract logistics services. was the 7th best-performing stock of the last decade on the Fortune 500, with its share price rising more than 1,000% from the time its CEO, Brad Jacobs, took control. By May 2019, XPO was ranked 180th on the Fortune 500 list. In June 2016, XPO was included in the Fortune 500 list of the largest U.S. Roughly one year later XPO sold their truckload division (acquired from Con-Way) to the Canadian based TransForce for $558 million in cash. On September 9th, 2015 XPO acquired Con-way for $3 billion, this move helped grow XPO's LTL operations in North America as XPO absorbed 16,600 employees, more than 365 operating locations, 16,000 dock doors and 32,750 tractors and trailers from the Con-Way purchase. This helped XPO expand into the European trucking and logistics market. The acquisition was completed on June 8th, 2015 and the Dentressangle brand was phased out from June 2015. On ApXPO Logistics announced a $3.56 billion (3.24 billion euros) deal to acquire the European based Norbert Dentressangle, including acquired debt. and listed its shares on the New York Stock Exchange in June of the same year. In March 2012, XPO opened a national operations center in Charlotte, N.C. ![]() The company changed its name to XPO Logistics – a reference to Express-1's AMEX ticker symbol, "XPO" – and began acquiring other companies in the transportation and logistics sector. In September 2011, American businessman Brad Jacobs acquired Express-1 Expedited Solutions, Inc.
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